Boston, MA1-4 Schrepel Place, South Boston
Price$6,200,000
Est. Mortgage: $/month
MLS Number 73404175
- MultiFamily
- Bedrooms 20
- Bathroom 12
- Square Feet 11,070
- Parking Spaces 8
1-4 Schrepel Pl consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns in an exceptional, urban-infill location.
Listed by Kelleher - Pentore Team, Dennis Kelleher and John Pentore of Horvath & Tremblay
